The Conexus Best Practice Forum (08 Aug 2017) has been assessed and accredited by Portfolio Construction Forum for Forum CE hours. Delegates must attest their attendance in order to receive CE acceditation.

After six months, we can more confidently assess the prospects for the US economy under Trump's administration. Like his presidency, paradoxes abound.

This Due Diligence Forum Research Paper, presented at the 2011 PortfolioConstruction Forum Conference, proposes an asset allocation approach that makes more complete use of information available about the future, forcing consideration of different time frames, alternate outcomes, and tail risk...

In Fodder this week - Inflation, Roach on China's resilience, market anomalies & irrationality, Farrelly on ASIC on hybrids

In Fodder this week - Inflation, Roach on China's resilience, market anomalies & irrationality, Farrelly on ASIC on hybrids

Recently, Fed Chair Janet Yellen expressed dismay that inflation has remained persistently below the Fed's target of 2%. Will low inflation derail the Fed's exit strategy?

Forecasters find it difficult to resist superimposing the outcomes in major crisis-battered developed economies on China. It has been the wrong approach in the past; it is wrong again today.

The head of ASIC says that hybrids are a ridiculous investment for retail investors. Are they? Yes and no.

The Conexus Fixed Income, Cash & Currency Forum (25-26 Jul 2017) has been assessed and accredited by PortfolioConstruction Forum for Forum CE hours. Delegates must attest their attendance in order to receive CE acceditation.

Two new studies provide widespread evidence of mispricings/irrationalities across world equity markets. One in particular provides valuable insight into managing risk in equity investing.

In Fodder this week, a guide for creating an Investment Policy Framework that encapsulates your investment philosophy, Anatole Kaletsky argues we may be seeing a major structural shift in economic doctrine, Prof Moshe Milesvky top-rated lecture from Conference 2015 on integrating human capital into portfolio construction, Rob Mead on the biggest portfolio risk ahead, and a lecture from Berkeley Professor Shachar Kariv on observing how a client makes financial trade-offs as a more accurate measure of their risk preferences.

This Guide aims to assist practitioners develop their investment policy framework, by providing a checklist of issues to consider, and publicly available examples from institutions in Australia and globally.

In Fodder this week, a guide for creating an Investment Policy Framework that encapsulates your investment philosophy, Anatole Kaletsky argues we may be seeing a major structural shift in economic doctrine, Prof Moshe Milesvky top-rated lecture from Conference 2015 on integrating human capital into portfolio construction, Rob Mead on the biggest portfolio risk ahead, and a lecture from Berkeley Professor Shachar Kariv on observing how a client makes financial trade-offs as a more accurate measure of their risk preferences.

Observing how a client makes financial trade-offs can provide a more accurate measure of their risk preferences than if we ask questions about what they think they would do.

The IMCA Au Seminar 5 (11/12 Jul 2017) has been assessed and accredited by PortfolioConstruction Forum for Forum CE hours. Delegates must attest their attendance in order to receive CE acceditation.

In addition to publishing content created by the PortfolioConstruction Forum team, the Forum welcomes submissions of high quality, content from third parties that meet the following guidelines.

This week in Fodder, Dr Bob Gay on why, as the Fed weans itself from past discretionary actions and shifts back towards its usual rules-based framework for decision-making, they are no longer relevant. Prof Dani Rodrik explains why this G20 meeting will be the most interesting for years. Michael Edesess analyses whether it's true that studies of "investor return" vs "investment return" prove the conventional wisdom that individuals underperform the investments they invest in. And finally, we feature two video presentations from recent Forum programs.

This week in Fodder, Dr Bob Gay on why, as the Fed weans itself from past discretionary actions and shifts back towards its usual rules-based framework for decision-making, they are no longer relevant. Prof Dani Rodrik explains why this G20 meeting will be the most interesting for years. Michael Edesess analyses whether it's true that studies of "investor return" vs "investment return" prove the conventional wisdom that individuals underperform the investments they invest in. And finally, we feature two video presentations from recent Forum programs.

In a low growth, low inflation, low interest rate and low yield environment, a cyclical economic upturn presents opportunities in asset classes such as equities and real estate

Discretion in setting monetary policy has had a checkered history. Ironically, the debate on rules vs discretion is heating up just as the FOMC sets a course for unwinding its extraordinary policy measures.